FOR LEASE
c 327 acres of Land at The Ring, Killag, Duncormick, Co. Wexford. Y35 RX02
Contact Sole and Exclusive Agents
Brady Group, The Lodge, Lee Road, Cork Tel: 021 45 45 120
www.bradygroup.ie PSRA License No: 001749 Location • The farm is located alongside at Eircode Y35 RX02. • The farm is in County Wexford, approximately 20 km south of Wexford Town and 4 km north of Kilmore Quay. • Richfield Windfarm is located on the farm. • The area is known as the sunny south-east of Ireland and the property is just 3 km from the coast.
Land • The farm measures approx. 327 acres of land. • The farm is all in one block but divided into two equal parts by the L3056 local road. • The land is presently a beef farm with some arable crops but it is suited for all uses. • Potential uses are beef, arable/horticulture, pigs/poultry and dairy (one or two units). • It is serviced by mains water, telephone, electricity and Wi-Fi. • The soil type is mainly a sandy marine alluvium type soil with little or no stone and good depth of soil. Kilmore Slob (0550KS). • The farm is well serviced with farm roadways which were upgraded for the construction of Richfield Wind Farm which is located on the holding. • The 327 acres excludes land occupied by the wind farm, access roads are shared. • There is a planning condition for the wind farm to leave 6 acres of beet tops as a compensatory area for Bewick Swans between the 15th of September and 14th of April. • The land is at sea level and has a southerly aspect.
Farmyards x 3 • There are x 3 farmyards on the holding, two on the southern block and one in the northern block. • The two farmyards in the southern block contain accommodation and slurry storage for over 750 cattle. • There is a 16 bay double slatted unit for finishing cattle. • Open silage pits x 3. • Loose cattle housing. • Machinery shed and general-purpose stores. • There is also a weigh bridge. • The yards are primarily suited for beef cattle but they are suitable for adaptation for pig, poultry or dairy enterprises. • The single slatted accommodation in the northern section is presently disused but is still a useable slatted shed.
Basic Payment Scheme • It is proposed that the Basic Payment Scheme Entitlements / Basic Income Support Entitlements are leased by the leasee and repaid in full to the lessor for as long as the payments last.
The Process for the Lease Agreement
• It is proposed to lease the land for a 15-year term, but the owner is open to discussion on a longer lease term if a significant capital investment programmed is planned. • Splitting the holding into two smaller lots for more than one leasee will be considered. • Financial vetting of tenants will form part of the process. • Confidentiality of information solely to the agent assured.
Lease Offers: • Term: 15 years 1st of January 2021 – 31st December 2036
• Price: Quote price per 327 acre, expectation of €225/acre.
• Reviews: 5 yearly on 1st Jan 2026 and 1st January 2031.
• Payment: Monthly (20th of Month) by standing order.
Financial and Technical Vetting of Lessees:
• Accounts: Financial accounts for 2019, 2018 & 2017
• Codes: ICBF and/or Teagasc eProfit Monitor.
• Letters: Letter form main bank and accountant confirming suitability for the project.
Map of Holding (exact boundaries may vary slightly)
Contact Sole Agent
021 45 45 120
www.bradygroup.ie
LICENCE – 001749
Brady Group, for themselves and the vendors of this property whose agents they are, give notice that: 1. The particulars are produced in good faith, are set out as a general guide only and do not constitute any part of the contract; 2. No person in the employment of Brady Group has any authority to make or give any representation or warranty whatever in relation to this property; 3. Prices are quoted exclusive of VAT (unless otherwise stated) and all negotiations are conducted on the basis that the purchaser/lessee shall be liable for any VAT arising on the transaction. 4. Maps are for guideline purposes and may not accurately represent lands.